Global agricultural markets are bracing for significant challenges in 2025 due to geopolitical tensions, potential tariff disputes, and the impacts of climate change, according to Rabobank’s latest report. The anticipated return of US tariffs under a Trump administration could disrupt trade flows and intensify financial strain on American farmers, particularly soybean producers. Meanwhile, Ukraine’s grain exports face mounting challenges from the ongoing conflict and adverse conditions, while global wheat stocks continue to dwindle. Climate change is creating mixed outcomes, boosting yields in northern regions but threatening crop productivity in warmer areas. Despite ample corn and soybean supplies, wheat prices could rise sharply due to tightening inventories.
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